Press coverage about Cintas (NASDAQ:CTAS) has been trending somewhat positive on Sunday, according to Accern. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cintas earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 47.2992340022685 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
Several brokerages recently weighed in on CTAS. Deutsche Bank restated a “hold” rating and issued a $140.00 price objective (up from $130.00) on shares of Cintas in a report on Wednesday, September 27th. Zacks Investment Research upgraded shares of Cintas from a “hold” rating to a “buy” rating and set a $179.00 price objective on the stock in a report on Tuesday, December 19th. KeyCorp restated an “overweight” rating and issued a $174.00 price objective (up from $148.00) on shares of Cintas in a report on Tuesday, December 19th. JPMorgan Chase & Co. restated a “buy” rating and issued a $183.00 price objective on shares of Cintas in a report on Friday, December 22nd. Finally, Oppenheimer restated a “hold” rating on shares of Cintas in a report on Friday, December 22nd. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $153.73.
Cintas (CTAS) traded up $0.47 during trading on Friday, reaching $161.64. 584,767 shares of the company were exchanged, compared to its average volume of 593,899. The company has a market capitalization of $17,209.81, a P/E ratio of 32.20, a P/E/G ratio of 2.47 and a beta of 0.87. Cintas has a 1-year low of $112.96 and a 1-year high of $163.45. The company has a current ratio of 1.77, a quick ratio of 1.53 and a debt-to-equity ratio of 0.99.
Cintas (NASDAQ:CTAS) last announced its quarterly earnings data on Thursday, December 21st. The business services provider reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.04. Cintas had a net margin of 9.23% and a return on equity of 23.23%. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter last year, the firm posted $1.15 EPS. The company’s quarterly revenue was up 26.4% on a year-over-year basis. analysts predict that Cintas will post 5.44 earnings per share for the current fiscal year.
The company also recently disclosed an annual dividend, which was paid on Friday, December 8th. Stockholders of record on Friday, November 10th were given a $1.62 dividend. This represents a dividend yield of 1.07%. The ex-dividend date was Thursday, November 9th. This is an increase from Cintas’s previous annual dividend of $1.33. Cintas’s dividend payout ratio (DPR) is 32.27%.
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Cintas Corporation is a provider of corporate identity uniforms through rental and sales programs, as well as a provider of related business services, including entrance mats, restroom cleaning services and supplies, carpet and tile cleaning services, first aid and safety services and fire protection products and services.
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